6 ms·

A quick glance at Google's profit per employee disproves that. After paying for employees and everything else, Google profits $270,123 per employee. I'm not su

by natrius 12y ago

A quick glance at Google's profit per employee disproves that. After paying for employees and everything else, Google profits $270,123 per employee. I'm not sure what would make you think that some of the most profitable companies in history are castles built on sand.

dennisnedry 12y ago
Mind explaining how you got that number? Not being snarky, just curious.
- natrius 12y ago
  Googled it.
- steinnes 12y ago
  Yeah I'm curious too. I however looked up how many employees they had in 2014 (http://www.statista.com/statistics/273744/number-of-full-time-google-employees/ http://www.statista.com/statistics/273744/number-of-full-tim...), and their quarterly reports for 2014 (https://www.google.com/finance?fstype=ii&q=NASDAQ:GOOG https://www.google.com/finance?fstype=ii&q=NASDAQ:GOOG), and got that they profited in the ballpark of 13-14 billion, and had 47,756 employees, so their profits would be somewhere between 270 and 290 thousand USD per employee. I'm not good enough at reading these quarterly reports to be surer than this :-) .. and on that note, having the age data of 823 employees from payscale.com seems a rather small sample set for a company of ~50k employees. I also wonder what kind of bias the source introduces, ie. whether your interest in your salary is different based on your age (I don't know).
- ChuckMcM 12y ago
  No idea how he got it but you can do this from their earnings statement yesterday [1]: Free cash flow $3.69B, total employees 55,419 $66,583 per employee of free cash flow (that is simply money they deposited in the bank) or GAAP Net Income $3.556B for $64,166 per employee in net income. I believe the $270K/employee is long gone and won't be seen again. [1] http://investor.google.com/earnings/2015/Q1_google_earnings.html http://investor.google.com/earnings/2015/Q1_google_earnings....
  - jsnell 12y ago
    You're looking at quarterly numbers, the original poster was almost certainly talking of annual ones.
    - ChuckMcM 12y ago
      Ah there is that so 4x those numbers.

by natrius 12y ago

dennisnedry 12y ago

Mind explaining how you got that number? Not being snarky, just curious.

natrius 12y ago
Googled it.
steinnes 12y ago
Yeah I'm curious too. I however looked up how many employees they had in 2014 (http://www.statista.com/statistics/273744/number-of-full-time-google-employees/ http://www.statista.com/statistics/273744/number-of-full-tim...), and their quarterly reports for 2014 (https://www.google.com/finance?fstype=ii&q=NASDAQ:GOOG https://www.google.com/finance?fstype=ii&q=NASDAQ:GOOG), and got that they profited in the ballpark of 13-14 billion, and had 47,756 employees, so their profits would be somewhere between 270 and 290 thousand USD per employee. I'm not good enough at reading these quarterly reports to be surer than this :-) .. and on that note, having the age data of 823 employees from payscale.com seems a rather small sample set for a company of ~50k employees. I also wonder what kind of bias the source introduces, ie. whether your interest in your salary is different based on your age (I don't know).
ChuckMcM 12y ago
No idea how he got it but you can do this from their earnings statement yesterday [1]: Free cash flow $3.69B, total employees 55,419 $66,583 per employee of free cash flow (that is simply money they deposited in the bank) or GAAP Net Income $3.556B for $64,166 per employee in net income. I believe the $270K/employee is long gone and won't be seen again. [1] http://investor.google.com/earnings/2015/Q1_google_earnings.html http://investor.google.com/earnings/2015/Q1_google_earnings....
- jsnell 12y ago
  You're looking at quarterly numbers, the original poster was almost certainly talking of annual ones.
  - ChuckMcM 12y ago
    Ah there is that so 4x those numbers.